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Listed by Westlake Associates, Inc.
$1,775,000
Est. payment /mo
8 Beds
4 Baths
4,772 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,772 sqft
Price per Sqft $371
Subdivision Fremont
MLS Listing ID 2413396
Style 54 - 4-Plex
Bedrooms 8
Year Built 1982
Annual Tax Amount $12,683
Lot Size 4,992 Sqft
Property Sub-Type Multi Family
Property Description
SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle's vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned lot, it offers immediate rental income with upside potential through rent increases and cosmetic updates, plus redevelopment possibilities for higher density. In a market with 2-3% annual rent growth and strong demand from tech professionals, this asset promises solid returns for value-add investors or owner-occupants. Current CAP: 6.25%
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Flooring Ceramic Tile, Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Fully, Patio
View Y/N No
Roof Type Flat
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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